What is Susan Alfond's Net Worth?
Susan Alfond, an American investor, boasts a net worth of $1.4 billion. She is renowned as the daughter of the legendary shoe entrepreneur, Harold Alfond, and holds the title of the richest person in the state of Maine.
Early Life and Family
Born in 1946, Susan Alfond is the daughter of Harold and Dorothy Alfond. Harold Alfond founded the Dexter Shoe Company in 1958. In a landmark deal, he sold the company to Warren Buffett for $433 million in Berkshire Hathaway stock in 1958. Susan has three siblings: Bill, Peter, and Ted Alfond.
Personal Life
Susan Alfond is a mother of three children. The Alfond family has substantial ties to various ventures and industries. Notably, Harold Alfond pioneered the concept of the factory outlet store and was a part-owner of Major League Baseball's Boston Red Sox. Today, his sons manage these interests.
Legacy and Influence
Her mother, Dorothy Alfond, passed away in 2005. The Alfond family continues to make an impact in various fields. Susan's nephew, Justin Alfond, son of Bill Alfond, has been active in politics and was elected to the Maine Senate in 2008, later becoming Senate President in 2012.
